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Report: EBRD seeks consultants for Armenian solar projects

The European Bank for Reconstruction and Development is looking for consultants to set up tenders for five large-scale solar projects in Armenia.

Tendered under a single-round competitive bidding process, the projects include the 19.4-MW Masrik 2 plant, the 15.2-MW Gagarin facility, the 12.5-MW Talin 2 plant, the 12.5-MW Dashatem 1 project and the 5-MW Merdzavan plant, PV Magazine reported Aug. 6.

Masrik 2 is expected to cost about $22 million, Gagarin and Dashatem 1 will be built for approximately $18 million, Talin 2 is estimated to cost about $14 million and Merdzavan is expected to be built for about $7 million.

The consultants will assist the Armenian authorities with the sizing and composition of the five projects, with each covered by a competitive bidding process.

They are also expected to update existing feasibility studies for the sites, PV Magazine said, citing the Armenia Renewable Resources and Energy Efficiency Fund.

Spain's Fotowatio Renewable Ventures BV is currently constructing the 55-MW Masrik 1 solar project, which was tendered in 2018.

The projects are part of a six-year, 110-MW plan for large-scale solar plants announced by the Armenian government in May 2017. The program has a budget of about $58 million.